The European solar PV installations increased by 23% over the last year. The market is poised to continue to follow this upward trend in 2019 and install another 18 GW of solar PV capacity, bolstered by the increasing appetite and pool of opportunities for private PPAs.
Creating a unique convergence of opportunities to network, learn and share knowledge, the 6th edition of Solar Asset Management Europe represented industry views across the entire asset management and O&M spectrum. This brief report highlights some of the key fundamental topics discussed during the conference.
Close to 40% of the total energy storage pipeline are solar plus storage projects. The combination of the two technologies is fast developing into a working business model for storage. It can radically change the energy supply landscape for good.
Europe has been upping its solar ante over the course of last year. According to SolarPower Europe, European PV installments grew by 28%, from 6.72 GW in 2016 to 8.61 GW in 2017. The region is poised to install an average of 14 GW every year till 2022. Furthermore, the European solar market is at the cusp of a new cycle, no longer bolstered by feed-in tariffs.